A(n) ________ is represented by a rightward shift of the demand curve while a(n) ________ is represented by a movement along a given demand curve
A) increase in quantity demanded; increase in demand
B) decrease in demand; decrease in quantity demanded
C) increase in demand; increase in quantity demanded
D) increase in demand; decrease in demand
C
Economics
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In the table above, the market is in equilibrium. Then a minimum wage is set at $11 per hour. The number of workers who lose their jobs will be
A) 0. B) 1 million. C) 3 million. D) 5 million.
Economics
How do increasing returns to scale affect the shape of the long-run average cost curve?
What will be an ideal response?
Economics